The Business Bytes

Paradip, June 11, 2024 (TBB Bureau): Paradip Port Authority (PPA) on Tuesday marked a significant milestone with the inauguration of the last leg of the four-lane road connectivity from the National Highway and State Highway to the port township. The new road, inaugurated by PPA Chairman PL Haranadh, promises to alleviate traffic congestion and enhance emergency evacuation capabilities in the ...

Bhubaneswar, June 11, 2024 (TBB Bureau): Sabine Hospital and Research Centre has secured $50 million in funding from CX Partners, a private equity fund specializing in the Indian mid-market, known for its strong track record of delivering returns through market cycles, alongside a consortium of investors. Dr. Sivadasan Sabine, Founder and Chairman of Sabine Hospital & Research Centre, shared details ...

Mumbai, June 11, 2024 (TBB Bureau): Bank of Baroda (Bank), one of India’s leading public sector banks, has announced the launch of a nationwide online hackathon on Generative Artificial Intelligence (GenAI), in collaboration with Microsoft. The hackathon aims to inspire participants to develop innovative solutions using GenAI technology to address specific business areas defined by the Bank. The top three ...

New Delhi, June 11, 2024 (TBB Bureau): Ashwini Vaishnaw assumed charge as the Union Minister for Information and Broadcasting on Tuesday, underscoring the government’s commitment to uplifting the poor. In his address to the media, Vaishnaw emphasized that the administration led by Prime Minister Narendra Modi remains dedicated to improving the lives of underprivileged citizens. Highlighting the Cabinet’s recent decision, ...

New Delhi, June 11, 2024 (TBB Bureau): Union Minister Sarbananda Sonowal, newly appointed to the Ministry of Ports, Shipping & Waterways (MoPSW), affirmed his commitment to advancing the maritime sector’s development in alignment with the Maritime Amrit Kaal Vision 2047. Taking charge on Monday in New Delhi, Minister Sonowal addressed office bearers and staff, instilling confidence in the team to ...

Bhubaneswar, June 10, 2024 (TBB Bureau): In a momentous recognition of its exceptional contributions to community development through Corporate Social Responsibility (CSR) initiatives, Jindal Steel & Power (JSP) has been awarded the prestigious Kalinga CSR & Sustainability Excellence Award 2024 in the Gold Category. The award ceremony took place in Bhubaneswar on Saturday, with Lebohang Valentine Mochaba, High Commissioner of ...

SAMBALPUR, JUNE 10, 2024 (TBB BUREAU): In a significant move to bolster healthcare infrastructure in Odisha, Mahanadi Coalfields Limited (MCL) has launched an ambitious Corporate Social Responsibility (CSR) initiative named “Aarogya.” This initiative aims to enhance healthcare services, with a special focus on cancer treatment, and marks a critical step towards improving medical facilities in the region. On Saturday, MCL ...

Paradip, June 10, 2024 (TBB Bureau):  The Paradip Port Authority Officers’ Club buzzed with excitement on Sunday as the inaugural Friendly Invitation Cup Badminton tournament, organized by the Paradip Badminton Association, concluded in a spectacular fashion. Bokaro Steel Plant emerged victorious in a thrilling final against Paradip, claiming the title and showcasing their exceptional badminton skills. The tournament featured 34 ...

New Delhi. June 9, 2024 (TBB Bureau):  Prime Minister Narendra Modi embarked on his historic third term in office, as he took the solemn oath of office and secrecy on Sunday. The august ceremony, held at the majestic Rashtrapati Bhavan, unfolded amidst a kaleidoscope of colours and resonated with the dignified presence of distinguished guests from across the globe. With ...

Bhubaneswar, June 9, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, commemorated World Environment Day and Tata Sustainability Month with a series of initiatives on June 5, 2024. The event, focusing on this year’s theme “Smart Life,” aimed to promote a sustainable lifestyle for the environment. Arvind Singh, ...